Spaces For Lease

at Morgantown Rd & Harmony Rd

Southern Berks Industrial Park Ph1 Bldg 1 AVAILABLE, Now

Floor Bldg

Size 829,920 SF

Type INDUSTRIAL

Rate Contact for pricing

Sublease No

- Southern Berks Industrial Park is located on 1200 acres in New Morgan Borough. This planned development will be one of the largest Class A industrial parks in the region and will bring back into productive use the former Bethlehem Steel Grace Mine. - This strategic location offers immediate access to both I-76 and I-176 via the Morgantown Interchange and is only 15 miles south of the City of Reading and 30 miles from Philadelphia’s affluent Western Suburbs. - The current conceptual plan includes 9 buildings totaling approximately 5.5 million square feet. Phase One of the park will be comprised of 4 buildings, each designed as Class A bulk logistics facilities and totaling just over 2.5 MSF with the first building expected to deliver early 2024.

Contact us

Listing Agency: KBC Advisors | Philadelphia Show Phone

Listed By: Mark Chubb Show Phone

Source: Moodyscre

Added: Jul 25, 2023 Changed: Oct 25 Last Checked: Oct 26 at 5:35PM

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Investment Insights

Based on property information with market context.

Southern Berks Industrial Park, situated on 1200 acres in New Morgan Borough, represents a planned development poised to become one of the region's largest Class A industrial parks. This project aims to revitalize the former Bethlehem Steel Grace Mine, bringing it back into productive use. The strategic location provides immediate access to I-76 and I-176 via the Morgantown Interchange, positioning it 15 miles south of the City of Reading and 30 miles from Philadelphia’s Western Suburbs. The current conceptual plan features 9 buildings, totaling approximately 5.5 million square feet. Phase One will consist of 4 buildings, each designed as a Class A bulk logistics facility, totaling just over 2.5 million square feet. The first building is expected to be delivered early 2024. The property size is 829920 square feet.

Key Highlights

• Strategic location with immediate access to I‑76 and I‑176 via the Morgantown Interchange.
• Part of Southern Berks Industrial Park, a planned Class A industrial park on 1200 acres.
• Potential for 5.5 million square feet across 9 buildings.

Property Analytics

Current Use

Distribution centers

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

275

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Distribution center - Large Class A industrial park with bulk logistics facilities.

Where is this distribution center located?

The property is located at Morgantown Rd & Harmony Rd Morgantown, PA.

What are key features of this property?

This property features: Strategic location with immediate access to I‑76 and I‑176 via the Morgantown Interchange.; Part of Southern Berks Industrial Park, a planned Class A industrial park on 1200 acres.; Potential for **5.5 million square feet across 9 buildings**.